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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...
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and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government spending was going to be with some certainty, that would be better than this constant not knowing. we're on the 60-day clock and then on the 90-day clock. we need to get on a four and five-year clock. and that's why a budget and appropriations bills will make a difference, chuck. >> what are the chances, michael, of those things happening? >> well, you know, i think a long-term solution doesn't look very practical right now. and one reason is that members of congress like mr. blunt, republicans, are -- i think that it's more important not to give more ground on taxes than it is to create certainty. so i think e
and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government...
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ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game
ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never...
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Feb 4, 2013
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then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on that kind of rationale is not a political win, not a policy win. everybody is losing. >> the "new york times" op-ed says more than a million jobs are on the line if this deal isn't made. a quote saying the losses will soon spread as contracts to states and cities are cut, education and police grants are cut, and payments to medicare providers are cut, even the aid just approved to victims of hurricane sandy will fall under the sequester's act. americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. t
then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on...
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the republicans said -- >> the debt ceiling. >> and wall street came in and said, yes, you are. and now on immigration reform the president is appealing to the people who understand what responsibility immigration reform can mean for business and the economy. he's actually not getting democrats to beat the republicans. he's getting republicans to beat the republicans. it's a great strategy. >> what do you make of it, michael, from the other side. jimmy carter was accused of having too many balls in the air when he was president. this time the president wants to throw a lot at the republicans and keep them off guard. >> it reminds me of 2009 all over again. instead of focusing on the paramount issue that every american is still fising, the jobs, the economy -- >> what's the republican job program? >> it's not about the republican job -- >> you just brought it up. what's your party's program? >> you're asking about the president, let me address the president. doesn't ask about the republicans. i'm telling what you the president is doing. my analysis of what the president is doing
the republicans said -- >> the debt ceiling. >> and wall street came in and said, yes, you are. and now on immigration reform the president is appealing to the people who understand what responsibility immigration reform can mean for business and the economy. he's actually not getting democrats to beat the republicans. he's getting republicans to beat the republicans. it's a great strategy. >> what do you make of it, michael, from the other side. jimmy carter was accused of...
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obama suggested it in negotiations in the debt ceiling in 2011 but now he doesn't want any domestic cuts. he's not somebody who wants cuts anywhere, anytime and this will be forced on him and on the pentagon cuts which he thought the republicans would avoid. he's the commander in chief. he has to worry about the forces, his own secretary of defense said we'll hollow out the forces and it will cost a lot of jobs of contractors, a lot of whom live in a state he wants, virginia. so he has to do something about this and it's unbelievable he would have offered the republicans a deal in which there are extra tax increases. republicans will do nothing and they should do nothing and demand if the president wants to avoid this, you do the cuts but do them somewhere else but no tax increases. >> charles lam, twice republicans have caved in to the demands of the white house and other democrats. do you think they'll do that again or will they do nothing? >> i prefer not to think of it as caving in. perhaps there's time for everyone to get reasonable. i agree with charles that the president's probabl
obama suggested it in negotiations in the debt ceiling in 2011 but now he doesn't want any domestic cuts. he's not somebody who wants cuts anywhere, anytime and this will be forced on him and on the pentagon cuts which he thought the republicans would avoid. he's the commander in chief. he has to worry about the forces, his own secretary of defense said we'll hollow out the forces and it will cost a lot of jobs of contractors, a lot of whom live in a state he wants, virginia. so he has to do...
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>> i like the metaphor claire mccaskill had when they raised the debt ceiling for three months. they are like death penalty appeals. every minute, every time they have a short term fix, people are brought to the brink again. the american people are brought to the brink again. i thought it was heartening to hear from harry reid he was interested in it's not just defense talks we are talking ant. there's $500 billion in domestic cuts. once people realize republicans want to hold the economy hostage over tax cuts for the rich and even the tiny amount of concession made before was not enough for them. they start to see the impact of the cuts. i think they may have to come to the table. >> really quick in terms of march 1st, are we going to punt and have this conversation in the summer or get something done and have this fixed once and for all? robert? >> it seems like based on history we are going to punt on this again. as i said before, republicans have done a good job of keeping the democrats and the white house in defense. if history is our guide, i'm not surprised if we kick the
>> i like the metaphor claire mccaskill had when they raised the debt ceiling for three months. they are like death penalty appeals. every minute, every time they have a short term fix, people are brought to the brink again. the american people are brought to the brink again. i thought it was heartening to hear from harry reid he was interested in it's not just defense talks we are talking ant. there's $500 billion in domestic cuts. once people realize republicans want to hold the economy...
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it seems like john boehner did it on -- he did it on the debt ceiling. he did it on sandy aid. could it be -- could his days be numbered? >> after the fiscal cliff. he promised he wouldn't do it again. he told his members. he has said that he won't do it again, but there's going to be pressure on a ton of issues, and, you know, for him it's going to be a personal decision. in some ways that's how it's framed in washington whether it comes down to whether or not there will be a continuation of the hastert rule. it's about speakership. >> in terms of let's say it's a rosier picture than we thought it would be on gun safety laws. i guess how much of that rosyness carries through on immigration. it could really go either way, i think. there is still a debate over the path to sit sflenship. >> as well as on immigration frankly. i'm not down there counting votes, and howard might be -- you put a number 30, 40 house republicans that would be for some sort of gun control. on immigration it almost seems like the numbers are closer to 100. especially in some of the conservative districts
it seems like john boehner did it on -- he did it on the debt ceiling. he did it on sandy aid. could it be -- could his days be numbered? >> after the fiscal cliff. he promised he wouldn't do it again. he told his members. he has said that he won't do it again, but there's going to be pressure on a ton of issues, and, you know, for him it's going to be a personal decision. in some ways that's how it's framed in washington whether it comes down to whether or not there will be a...
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you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes tax increases. consider they hold the house majority and they can hold to that the best they can. i doubt we would see a package to stave off a sequester anything comprehensive like that. the best we're going to see a kick the can down the road and stave off the cuts. >> gregg: do you think this president, in a way, try to persuade the nation, that 8% unemployment, 25 million americans, unemployed or under employm
you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't...
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there's the fiscal cliff, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but
there's the fiscal cliff, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should...
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did not pass an agricultural bill and they essentially held the country's finances hostage over the debt ceiling but despite making the history books for all the wrong reasons power in washington and not shook hands during the november elections president is still the same the senate is still democratic and the house is still republican makes it hard to imagine the.
did not pass an agricultural bill and they essentially held the country's finances hostage over the debt ceiling but despite making the history books for all the wrong reasons power in washington and not shook hands during the november elections president is still the same the senate is still democratic and the house is still republican makes it hard to imagine the.
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ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures republicans oppose and we have had 6.1 million new jobs added in this economy and i think that the problems are we have to invest in education, make sure people have opportunities and make sure that the government doesn't pull back right now. >> what we also know is there are republicans who still strongly say and assert that the stimulus did not work and they do not believe in exactly what you just said. >> economists, the majority of those interviewed by "wall street journal" believes the stimulus works. 3 million jobs because of the stimulus and other thing is about the education thing
ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures...
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the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000 level. that's the action that people want to see. >> speaking of our president, he said during obamacare, oh, you're premiums wouldn't be raised. sorry, david. that's exactly what we are seeing -- >> when 2014 comes along -- [overlapping dialogue] >> americans are not able to keep their health insurance. another thing the president promised. >> i have to say, after an absence of david being out, with personal issues and health issues, we are glad to see you back. >> it's a pleasure to be back. >> happy to have you both. >> a bus transporting a philadelphia youth grou
the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000...
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ceiling and fiscal cliff. he is still right in there with more of the highbound tea-party issues. whether it's rand paul or paul ryan for 2016 and i know people want to throw up when they start thinking about 2016 already, but there's a new generation of republican leaders that are jockeying for position and he is a moderate on certain issues. >> i want to put up your magazine cover, and i want to put up your international cover as well. this is -- this is the international cover here. marco rub yo and the next america. no savior mention here. >> we chose that cover line, because, yeah, the switching that is going on right now. we did not think that marco rubio was a internationally famous figure, the way that he is a nationally famous figure. and we wanted to highlight the long-term demographic trends that is taking place in the america. where it's more multi-culture society. one more finally tuned to immigration. that is something that "time" can do as a global brand. >> we will go with that explanation. >>
ceiling and fiscal cliff. he is still right in there with more of the highbound tea-party issues. whether it's rand paul or paul ryan for 2016 and i know people want to throw up when they start thinking about 2016 already, but there's a new generation of republican leaders that are jockeying for position and he is a moderate on certain issues. >> i want to put up your magazine cover, and i want to put up your international cover as well. this is -- this is the international cover here....
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. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think it's a course correction for him. i feel he's maybe second-guessing, not talking about the economy during his inaugural speech, now maybe i should have talked about that. >> which is fascinating because if you look at the first term in a lot of ways, you know, he started off -- you had a republican party that was largely kind of in the doldrums and he started off with economic stimulus and health care which united the party in some way. is he -- is he smart to refocus on the economy, jim? >> yes. >> and probably the more important question, is there actually -- we had angus king on saying there's common grou
. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think...
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because they're still bringing the same optical, whether we talk about sequestration or the debt ceiling. they are still doing that. the president was successful when he went to the american people, not just rallying democrats, but rallying the people who say let's get on with it, let's try to balance the budget, and the difficulty we have here now is the republicans are just talking about cutting programs, and they have targeted social security, medicaid, and medicare, and the president is saying we have to reform these systems, but we still need more revenue, and this is a worry that they just refuse to discuss. i don't see how you can ignore revenues if you talk about a budget. >> sir, if you will, we look at the time clock ahead of us, we have the state of the union coming up next week, but it's the sequester at the end of the month, the beginning of march, that everybody is worried about and what those cuts will mean in terms of defense spending and what it will mean to low-income families in this country. just a short time ago leon panetta was asked directly about the sequester in
because they're still bringing the same optical, whether we talk about sequestration or the debt ceiling. they are still doing that. the president was successful when he went to the american people, not just rallying democrats, but rallying the people who say let's get on with it, let's try to balance the budget, and the difficulty we have here now is the republicans are just talking about cutting programs, and they have targeted social security, medicaid, and medicare, and the president is...
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the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a minute, would you bring country back in the country with what is going on in washington? wouldn't you want to keep it abroad. lou: why do they keep supporting people who enable this weakness, do you remember when business leaders stood up and represented themselves instead of going to the you know, the -- what chamber of commerce. >> if they are supporting these clowns issue these people in washington who are doing this thing. they are reprehensible. lou: just weak-kneed, we need people with spines, and vision, jim rodgers, this is the book, buy it it is "the industr "stre" thank you. >> join us here to
the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a...
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on the debt ceiling and they blinked again on the budget. and delaying the sequester. you are right. i think obama -- obama don't you get the sense obama feels that now? >> yeah. >> feels the power more? >> absolutely. >> or willing to use power more? >> and willing -- feels he can have, if they have an apocolyptic showdown he will win it. they feel that, too. they don't emerge from the fights stronger. if, god forbid, they go over one of these cliffs it totally cleared whoever has the stronger hand amid the crisis. it becomes about what are we restoring? it's one that favors the democrats. >> ben, great to have you in the studio. thank so much. any time you come down to washington, you are welcome here here. >> thank you for having me on. >> bill: might get you on the phone from new york. we love people in the studios. come back and see us. buzz feed.com. i will tell you what the president is up to today. busy schedule. >> this is "the bill press show" live on your radio and current tv. [ music ] (vo) current tv gets the converstion started next. >> i'm a slutty bob h
on the debt ceiling and they blinked again on the budget. and delaying the sequester. you are right. i think obama -- obama don't you get the sense obama feels that now? >> yeah. >> feels the power more? >> absolutely. >> or willing to use power more? >> and willing -- feels he can have, if they have an apocolyptic showdown he will win it. they feel that, too. they don't emerge from the fights stronger. if, god forbid, they go over one of these cliffs it totally...
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we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunctio
we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by...
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they have card to play they didn't have to play in the debt ceiling. martha: how do you expect that to play out? do you think they can hold the line on it and get significant spending cuts that a lot of folks in this country wanted to see first time around? >> republicans have become good at caving. i think some part of sequestration will go through. but using aircraft carriers against the republicans. they will fold. rick: we are three weeks away from what could be painful budget cuts. they kick in automatically march 1. we'll tell you what americans find so taxing about the president's plan to fix the mess. martha: get ready for a blizzard. a winter storm historic proportions we are being told. >> now is the time before the storm hits. get your shovels ready. sand, fill your gas tanks in your cars. make sure you have enough heating fuel. you know, for at least a week. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it j
they have card to play they didn't have to play in the debt ceiling. martha: how do you expect that to play out? do you think they can hold the line on it and get significant spending cuts that a lot of folks in this country wanted to see first time around? >> republicans have become good at caving. i think some part of sequestration will go through. but using aircraft carriers against the republicans. they will fold. rick: we are three weeks away from what could be painful budget cuts....
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the senate is obligate as a result of the debt ceiling vote to do wait has not done in the last four years and that is present a budget resolution for four years the senate said we don't care if the law requires us to do it. we'll ignore that. martha: let's hope dave camp's proposal of taking on tax reform is something republicans have been talking about for a long time. chinned with the fact that the senate must act on a budget must get us into tangibles in terms of this discuss in washington. carl, thank you so much. always good to talk to you. gregg: disturbing information about iran's nuclear program. martha: this is one of the most interesting moments of the game. the light went out. i thought this was a blowout game and the next thing you know -- a firsthand account from what it was like at the stadium from a familiar football fan. hey, it's me, progressive insurance. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help p
the senate is obligate as a result of the debt ceiling vote to do wait has not done in the last four years and that is present a budget resolution for four years the senate said we don't care if the law requires us to do it. we'll ignore that. martha: let's hope dave camp's proposal of taking on tax reform is something republicans have been talking about for a long time. chinned with the fact that the senate must act on a budget must get us into tangibles in terms of this discuss in washington....
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ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want to do something bi
ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press...
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Feb 8, 2013
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there was an agreement made a year-and-a-half ago that he would get a debt ceiling increase and there would be a $1.20 trillion cut. the super committee was supposed to put it together. they were supposed to prioritize. they were selects members of the congress who were supposed to prioritize. they did not do it. know when they might not do it, congress said we will put something in here that is so draconian and so stupid that nobody would let it happen. lo and behold, that is what we are dealing with. that is a sad state of affairs from the political process, a very sad state of affairs. now we come back and say, what should we do with sequestration? the president talks about cows balance and fairness. -- talks about balance and fairness. there was $4 in spending for every $1 in tax increases. as we went along, the discussion shifted. as election prospects rose and fell, the balance suddenly became $2 to $1. after the election, the talk was $1 to $1. after we saw the deal done, it was zero spending cuts for the tax increases. now we are hearing negative to $1. the president wants to
there was an agreement made a year-and-a-half ago that he would get a debt ceiling increase and there would be a $1.20 trillion cut. the super committee was supposed to put it together. they were supposed to prioritize. they were selects members of the congress who were supposed to prioritize. they did not do it. know when they might not do it, congress said we will put something in here that is so draconian and so stupid that nobody would let it happen. lo and behold, that is what we are...
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Feb 2, 2013
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i think the debt ceiling went like groundhog day. it's like this time we're going to have this debate. then at midnight on new year's eve we pass a bill and give senators six minutes to reid it before it goes and we've now avoided the fiscal by kicking the can down the road which now we passed a bill to push off until may the reckoning for the debt ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done. >> we only look at law makers records as they pertain to gun related issues. the numbers in the house and numbers of the senate haven't changed so much from the previous congress but there are faces tha
i think the debt ceiling went like groundhog day. it's like this time we're going to have this debate. then at midnight on new year's eve we pass a bill and give senators six minutes to reid it before it goes and we've now avoided the fiscal by kicking the can down the road which now we passed a bill to push off until may the reckoning for the debt ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't...
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Feb 8, 2013
02/13
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just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth control to their employees. he made some robo calls for an anti-hate group opposing same-sex marriage, marriage equality. and he doesn't believe in climate change. in fact, this week at the interview that he gave with buzzfeed's ben smith -- remember ben smith was in studio with us a couple of days talking about that interview, marco rubio said, on climate change he just thinks it's too expensive. >> number one, even if anything we would do on that would have a real impact on our economy, but probably if it's only us doing it, a very negligible impact on the envi
just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth...
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ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and anxious that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're seeing job growth and manufacturing is doing well and we continue to have these self- inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want to do something big
ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press...